CTMFile – 22 July, 2024
According to the July 16, 2024, Crane Data’s Money Fund Intelligence International, European or “offshore” money market funds assets hit a record $1.292 trillion. In fact, it points out, “European MMFs have repeatedly hit record highs in 2023 and 2024.” Total assets up are $94.6 billion (7.9%) year-to-date with investors taking advantage of the diversification money market funds offer for mitigating risk to a single counterparty.
For treasury professionals tasked as guardians of cash within their organisations, money market funds fit the investment tenets of security, liquidity, and yield (SLY). What matters most when it comes to short-term investing is not the return on company cash, but the return of company cash. Yet, even with clear objectives in mind, making smart investment choices is never straightforward.
A whitepaper by TMI in association with ICD – provider of a leading money market fund portal – can help treasury professionals sort through what to consider when using MMFs. “Maximising Returns: Reasons to Invest in European Money Market Funds,” covers:
- Why money market funds are popular cash investments
- How to choose the right MMF for your investment strategy
- How MMFs deliver through monetary cycles
- The role of portals in treasury’s tech stack, and
- Case studies of treasury organisations using ICD Portal
Access the whitepaper here to learn more.
If you’re new to managing your organisation’s cash investments, or if you or someone on your team needs a refresher on the fundamentals of offshore money market funds, an ebook from ICD will be a quick, informative read. Access ICD’s “An Introduction to Money Market Funds,” here.
